New Delhi, Oct. 24 -- Stocks to buy | Sumeet Bagadia's stock recommendations: The Indian stock market endured a challenging, holiday-shortened week, with benchmark indices extending their losses as inflation concerns intensified following a fresh surge in crude oil prices. The Nifty 50 index crashed from 23,146 to 22,600, logging a weekly loss of 546 points or 2.36%. The BSE Sensex nosedived from 74,729 to 73,123, clocking a weekly loss of 1,606 points or 2.15%. Likewise, the Bank Nifty index slid from 55,844 to 54,287, registering a 1,557-point, or 2.79%, loss on a weekly basis.

The broader market took the brunt of the de-risking, as valuation concerns and the unwinding of leveraged positions triggered a disproportionately sharp correct...